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Uniper sells stake in Latvijas Gaze under bailout conditions

Published by Global Banking & Finance Review

Posted on July 9, 2025

1 min read

· Last updated: January 23, 2026

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Uniper sells stake in Latvijas Gaze under bailout conditions
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BERLIN (Reuters) -Uniper said on Wednesday it would sell its 18.26% shareholding stake in AS Latvijas Gaze to Energy Investments SIA, as the German utility fulfills one of the conditions of a

Uniper Divests Stake in Latvijas Gaze as Part of Bailout Agreement

BERLIN (Reuters) -Uniper said on Wednesday it would sell its 18.26% shareholding stake in AS Latvijas Gaze to Energy Investments SIA, as the German utility fulfills one of the conditions of a government bailout it received in 2022.

When Germany rescued Uniper in the wake of Europe's energy crisis, the European Commission gave its consent under the condition that Uniper sell a number of assets, including stakes in Russia's Unipro and Latvia's Latvijas Gaze.

(Writing by Rachel MoreEditing by Ludwig Burger)

Key Takeaways

  • Uniper sells its 18.26% stake in Latvijas Gaze.
  • Sale is part of a bailout agreement with the German government.
  • European Commission required asset sales for bailout approval.
  • Energy Investments SIA is the buyer of the stake.
  • Uniper's divestment includes stakes in Russia's Unipro.

Frequently Asked Questions

What stake is Uniper selling?
Uniper is selling its 18.26% shareholding stake in AS Latvijas Gaze.
Who is purchasing Uniper's stake?
The stake is being sold to Energy Investments SIA.
Why is Uniper selling its stake in Latvijas Gaze?
The sale is part of the conditions set by the European Commission following Germany's bailout of Uniper.
What was the context of Uniper's bailout?
Germany rescued Uniper amid Europe's energy crisis, which led to the requirement to sell certain assets.

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